Real REMAX Group (REAX) Chief Accounting Officer Leah Jenkins Receives Awards
$REAX · Real REMAX Group Inc.Research Summary
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Real REMAX Group (REAX) Chief Accounting Officer Leah Jenkins Receives Awards
What Happened
Leah R. Jenkins, Chief Accounting Officer of Real REMAX Group (REAX), was granted a total of 33,459 shares/restricted share units (RSUs) on August 24, 2026 as part of the merger-related conversion and award process. The Form 4 reports multiple award/derivative entries (all “A” — grants or acquisitions) with no per-share price disclosed (N/A). These awards arose from the Issuer's April 26, 2026 Merger Agreement that converted outstanding Real and RE/MAX equity and awards into shares or RSUs of the Issuer.
Key Details
- Transaction date: August 24, 2026 (period of report); Form 4 filed as an amendment on September 3, 2026.
- Total units reported acquired: 33,459 (sum of 4,508; 1,807; 3,420; 7,532; 4,282; 4,378; 7,532). Price: N/A.
- These entries include derivative awards (RSUs) with various vesting/ performance characteristics (time- and performance-based awards). Some awards are target amounts pending future performance periods.
- Merger notes: Under the Merger Agreement, Real share consolidation and conversions and REMAX share conversions occurred (see footnotes). REMAX awards were converted into Issuer RSUs using the stated conversion ratios; proration and cash/stock election rules applied. The reporting person elected the Cash Consideration subject to proration (per the filing footnotes).
- Ownership correction: This is an amended filing to reclassify certain RSUs onto Table II and to correct previously reported ownership numbers (originally reported as 10,079 and 5,348 due to a clerical error). The amended Form 4 corrects those figures.
- Filing status: Amended filing (noting correction). No indication here of a late initial report — the amendment was filed to correct/clarify the original Aug 24 filing.
Context
These entries are awards/conversions generated by the company merger activity, not open-market purchases or sales. Many are restricted-share units (derivative RSUs) with vesting tied to time or future performance periods (e.g., performance periods ending Dec 31, 2026–2028, and various multi-year time vesting schedules noted in the footnotes). For retail investors, awards tied to mergers and converted company equity are routine administrative events and do not by themselves indicate insider buying or selling sentiment.